Fthr re Half Yearly Dividend

BHP Billiton Limited
9 November 2001

    BHP Billiton Limited is issuing this announcement to fulfil disclosure
 obligations arising from its secondary listing on the London Stock Exchange.

   The text of this release is identical to that issued by BHP Billiton Plc
                                   earlier.



9th November 2001

FOR ANNOUNCEMENT TO THE MARKET


Further to the announcement on 7 November that BHP Billiton Limited and BHP
Billiton Plc are to pay a half yearly dividend of US$0.065 per fully paid
ordinary share on 5 December 2001 and that the rates of exchange applicable
two business days before the date of announcement are used for conversion
where payment is made in currencies other than USD, I advise that the actual
rates of exchange to be used are as follows:



AUD / USD           0.5080

USD / ZAR           9.4775

GBP / USD           1.4575





Yours sincerely,



Karen Wood

Company Secretary




BHP Billiton Limited ABN 49 004 028   BHP Billiton Plc Registration number
077                                   3196209
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Registered Office: 600 Bourke Street  Registered Office: 1-3 Strand London
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             The BHP Billiton Group is headquartered in Australia